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BREAKING: LPG (butane) gas down 15 dollars per 100-pound cylinder

Butane prices rise 8 to 9 dollars per pound

Posted: Wednesday, April 6, 2022. 5:32 pm CST.

By Aaron Humes: Just in time for Easter, the Supplies Control Unit (SCU) within the Ministry of Agriculture has announced a drop in liquefied petroleum gas (LPG, commonly called ‘butane’ although it is a mixture of both butane and propane gas) prices countrywide.

From $1.57 per pound in the towns and cities and $1.59 per pound in rural areas, the price has fallen to $1.42 per pound in the municipalities and $1.44 per pound in rural areas, a decrease of 15 cents. The corresponding prices per gallon are $6.72 and $6.82 respectively, down 13 cents, while the wholesale price is at $5.72 per gallon.

This means that consumers will essentially pay $142 per 100-pound cylinder for a full tank of LPG in Belize City and other municipalities, and $144 in rural areas. These new prices are $15 less than the previous prices for a 100-pound cylinder.

These are the first price decreases for the year after exponential rises in January, February and March. The price reduction is caused by the effect of the United States coming out of the winter season when it sees a seasonal rise in natural gas and oil use for heating homes and appliances.

The price decreases take effect at midnight tonight, April 7.

 

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